Before the Bell | Sea limited Q1 adjusted loss expands, revenue jumps
Hey, mooers! Here are things you need to know before the opening bell:
Market Snapshot
U.S. stock index futures were sharply higher in early morning trading on Tuesday, as the market tried to bounce following weeks of sharp losses.
Futures on the $Dow Jones Industrial Average(.DJI.US$ rose 1.21%, while $S&P 500 Index(.SPX.US$ futures gained 1.54% and $Nasdaq Composite Index(.IXIC.US$ futures were up 1.92%.
Top News
Stock Futures Edge Up Ahead of Retail Sales Data
Stock futures gained ahead of monthly retail sales figures that will be watched for clues on consumer behavior during a period of soaring inflation.
Economists Expect U.S. Retail Sales Grew in April
U.S. retail sales report for April, due Tuesday. U.S. shoppers increased retail spending in April for the fourth straight month, economists say, as inflation held close to its highest level in four decades.
U.N. Seeks to Ease Russian Blockade of Ukraine Grain Shipping to Avert Food Shortages
Secretary-General António Guterres offers to lower barriers to Russian and Belarusian potash exports.
Elon Musk Says Twitter Bid Can't Move Forward Without More Clarity on Fake Accounts
The $Tesla(TSLA.US$ CEO said his $44 billion bid can't move forward until the company is clearer about how many of its accounts are fake. $Twitter (Delisted)(TWTR.US$
On Holding Clocks 68% Sales Growth in Q1, Share Jumps in Pre-Market
$On Holding(ONON.US$ reported first-quarter FY22 sales growth of 67.9% year-on-year, to CHF 235.7 million, compared to CHF 140.4 million the previous year. The company sees FY22 sales to exceed CHF 1.04 billion, a 44% Y/Y growth (prior view CHF 990 million).
Walmart Inc. Q1 Profit Decreases, Misses Estimates
$Walmart(WMT.US$ released a profit for first quarter that decreased from the same period last year and missed the Street estimates. The company's bottom line totaled $2.05 billion, or $0.74 per share. This compares with $2.73 billion, or $0.97 per share, in last year's first quarter.
Home Depot Fiscal Q1 EPS, Sales Advance; Company Raises FY Outlook, Share Rises in Pre-Market
$Home Depot(HD.US$ reported fiscal Q1 earnings Tuesday of $4.09 per diluted share, up from $3.86 a year earlier, and its fiscal Q2 comparable sales grew 2.2%. The company also said it now expects FY22 sales and comparable sales to grow 3% each.
Sea Limited Q1 Adjusted Loss Expands, Revenue Jumps, Shares Rose More Than 11%
Sea reported a Q1 adjusted loss Tuesday of $0.80 per diluted share, wider than a per-share loss of $0.62 a year earlier. Revenue for the quarter ended March 31 was $2.9 billion, up from $1.76 billion a year earlier.
Lordstown Motors' Ability to Stay in Business Hinges on Raising Capital, Valuation, CFO Says
The ability of $Lordstown Motors(RIDE.US$ to stay in business for at least another year remains in doubt until it secures more funding and its market value rises, its finance chief said after the electric-truck maker sold its factory to raise cash.
Microsoft Boosts Pay in Fight for Talent
$Microsoft(MSFT.US$'s CEO is promising to boost employee compensation amid continued low unemployment across the U.S. and high inflation.
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Key Events This Week
Source: CNBC, Dow Jones Newswires, Bloomberg
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only.
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70924419 : told everyone to sell .. should listen before market opens
... if not ur fault if u lose a ton of money......
SpyderCall 70924419: Wow. I haven’t looked at twitter in a since last week. I’m glad I didn’t buy into all of that twitter hype. But if musk ends up getting twitter do you think it will skyrocket?
70924419 : and I meant to sell Twitter not telsa but you can sell both if u want to.
70924419 SpyderCall: probably not now after him letting it tank on everyone else.
for doing dumb stuff to make extra money for himself and extra stress and money loss for other people.
no because musk is a butthole and is making the entire world hate him
SpyderCall 70924419: I feel the same way. It is a low down dirty thing to do to hustle millions of regular people. He even swindled young kids with the doge coin debacle
SpyderCall 70924419: Its just not cool at all
70924419 SpyderCall: plus
musk has let telsa tank so much that some of the calls are worthless until telsa goes back up but with people like Trump and other whales 
pushing down Twitter and telsa and making them lose money and look bad . it doesn't look good for musk.
more so then me or anyone else in the world 
.
with all of you to make himself more 
money while all of u lose money 
.
and musk is crazy
so think about this .
because musk us just playing a game
SpyderCall 70924419: He is just like all of the other greedy people out there. No good. I like his cars though. And his rockets are cool too
70924419 : and that the same thing for everyone else in this life.
1 on my knife 
and one hand 
on my gun .
and I pray 
that each day is better than the last..
so remember to fight for each day that you have and don't give up on life.
u have to chose ur path carefully because one day karma is waiting for all of us.
including me and that is why I try to help not hurt any one no here ..
because my karma is waiting for me to just like I am waiting for it but my karma will have to fight to take my life or they would have to do a sneak attack on me because I am prepared for any thing in this life that is y I try to do good but I keep my hand
and ride through life one day at a time
and remember that every day is a fight and only the strongest survive
Always Hungryy SpyderCall: the whole hype thing. when he gets Twitter it will be worse
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